Presentation from March 2023
Over 4,700 boe/d achieved.
Obviously some wells were better performers and others less so (normal in O&G production). Production rates on some wells may have declined.
It is clear that CE1 now knows its oil field better as a result of past drilling campaigns, and can now target future drilling campaigns with increased knowledge and certainty.
I would suggest we are seeing the fruits of the above described learning process in our recent successful drilling campaign, and i would expect the January 2024 drilling campaign to yield positive results also.
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